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$TAO Parabolic Rally – Break $200 or Fakeout?
$TAO is on fire right now, trading at $194.7 (+25.78%) and printing a strong 15M uptrend. The structure looks clean and aggressive:
📈 Trend Structure:
EMA7 > EMA25 > EMA99 — classic bullish alignment
Momentum building as price presses into $195.5 resistance
This is where it gets interesting 👇
🔥 Bullish Scenario
If TAO flips $195.5 into support and holds, the psychological $200 level becomes the next magnet. A clean break above $200 could trigger:
• Short squeeze potential
• Fresh breakout entries
• Acceleration toward higher HTF resistance zones
⚠️ Fakeout Risk
If price rejects hard at $195–$200 and loses EMA7 on 15M, we could see:
• Quick pullback toward EMA25
• Liquidity grab below recent highs
• Retest of lower support before continuation
Volume confirmation is key here. A breakout without volume = higher fakeout probability.
Right now, bulls are in control — but $200 is the battlefield.
Are we about to witness another leg up… or is this a classic resistance trap? 👀
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